Judge rejects Johnson & Johnson's $10B settlement to end baby powder lawsuits
1. J&J's $10 billion bankruptcy proposal rejected for the third time. 2. Judge Lopez questioned the validity of plaintiffs' support for the settlement. 3. No intention to appeal; J&J will litigate claims in court. 4. Over 60,000 lawsuits alleging cancer linked to talc products remain unresolved. 5. J&J stopped selling talc products in the US in 2020.